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[administrator]

Next Week Trading (Jan 9th)

UNG declined from 16.99 to 10.40 over the past month. It may fall a little lower early next week, but expect a volatile trading range or a substantial bounce to trade for gains. So, I may buy larger long positions on further pullbacks. SPX closed at 6,966, an all time high, but expect a big pullback, possibly beginning in late January. Also, expect the same with SLV, or at least volatility to continue.

My portfolio is over $11,580,000 including $8,453,100 in cash.

Calls Contracts-Shares Long

UNG 100,000 shares
UNG Feb 10 2026 1,000
UNG Apr 10 2026 1,000

Puts Contracts-Shares Short

SPXS 50,000 shares
SLV Apr 70 2026 200

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks go straight up month after month.